The Red Squirrel (Spanish: La ardilla roja) is a 1993 Spanish drama film directed by Julio Médem, starring Emma Suárez, Nancho Novo and María Barranco.

Jota, a failed musician whose girlfriend has recently left him, is about to commit suicide by jumping off a bridge when a girl on a motorcycle, Sofía, crashes off it.

He invents an entire identity for her, giving her the name Lisa, and a history of their relationship according to his own fantasies.

As their relationship becomes intimate, their behaviour sparks the suspicions of campers Antón and Carmena.

It becomes clear that Lisa/Sofía's memory is not entirely missing and she is hiding her own past secrets; notably, the existence of a psychotic ex-boyfriend, Félix, who is rampaging across the country in search of her.